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You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $397,271 Wages and
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $397,271 Wages and benefit $229,156 Rent $4,267 Depreciation $27,643 Utilities $2,595 Medical supplies $49,733 Administrative supplies $11,944 Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 31 percent rate. What number of visits is required to break even?
You are considering starting a walk-in clinic. Your financial projections for the first year of operations are as follows: Revenue (10000 visits) $397,271 Wages and benefit $229,156 Rent $4,267 Depreciation $27,6431 Utilities $2,595 Medical supplies $49,733 Administrative supplies $11,944 Assume that all costs are fixed, except supply costs, which are variable. Furthermore, assume that the clinic must pay taxes at a 31 percent rate. What number of visits is required to break evenStep by Step Solution
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